Signing of the 2 billion yuan investment project for high-performance resins and composite materials integration in Jiangsu Xinhuan New Materials

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On March 14, the signing ceremony for Jiangsu Xinhuan’s high-performance resin and composite materials integration project was held. Jiangsu Xinhuan New Materials Co., Ltd. was established in 2008 and is located in the New Materials Science and Technology Park in Nanjing’s Jiangbei New Area. It went public on the GEM board of the Shenzhen Stock Exchange in 2021, and is a **-level specialized, innovative, and high-quality “little giant” enterprise. The company focuses on the research, development, production, and sales of fine aromatic ketone chemicals, whose products are widely used in industries such as aerospace, new energy, and electronic information. As a key supplier of critical monomers for polyether ether ketone (PEEK) worldwide, the company boasts international-leading technical capabilities and product quality, occupying an important position in the supply chains of global industry leaders. The signing of this \"High-Performance Resins and Composite Materials Integration\" project represents the third strategic investment by Jiangsu Xinhuan since its establishment in Jiangbei. Under the agreement, the total investment for this project is 2 billion yuan, with construction taking place in two phases. It focuses on the high-end sectors of PEEK (polyether ether ketone) and thermoplastic composites, aiming to overcome key technical barriers related to materials. The goal is to establish a leading industrial base in this field that integrates \"core monomers, high-performance resins, and composite materials\" for PEEK, thereby enhancing the self-sufficiency and control over the industrial chain and contributing to the development and improvement of the new area’s new materials industry cluster.